FL ARCHIVED June 2017 - Page 18

Pasco County Community Information | School District Days On Market for Sold Properties 3 Mo Avg Market Time 100 The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward 90 trend in DOM tends to indicate a move towards more of a 80 70 Buyer's market, a downward trend a move towards more of a 70 Seller's market. The DOM for June was 51, down 10.5% from 57 60 55 51 days last month and down 7.3% from 55 days in June of last year. The June 2017 DOM was at its lowest level compared with June 50 of 2016 and 2015. 40 30 20 10 0 J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 14 15 16 17 Selling Price per Square Foot Selling Price per Square Foot 3 Mo Avg The Selling Price per Square Foot is a great indicator for the 150 direction of Property values. Since Median Sales Price and 140 Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a 130 more normalized indicator on the direction of Property values. 120 The June 2017 Selling Price per Square Foot of $107 was up 1.8% 110 107 from $105 last month and up 10.7% from 96 in June of last year. 100 96 90 84 80 70 60 50 J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 14 15 16 17 Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The June 2017 Selling Price vs Original List Price of 96.0% was up from 95.3% last month and up from 95.4% in June of last year. Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in June 2017 was 1,287, up 0.4% from 1,282 last month and up 12.9% from 1,140 in June of last year. 97% 96% 95% 94% 93% 92% 91% 90% 89% 88% 87% 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 Selling Price versus Listing Price Ratio 93.8% J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 14 15 16 17 Inventory / New Listings / Sales 4,055 3,972 Avg Selling Price divided by Avg Listing Price for sold properties during the month 3,938 3,938 3,853 3,746 3,778 3,727 3,619 3,575 3,534 3,386 3,334 3,274 3,177 3,078 3,071 3,007 3,006 2,944 2,888 2,796 2,626 2,660 2,584 2,542 2,608 2,620 2,643 2,571 2,618 2,573 2,597 2,450 2,397 2,298 J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 14 15 16 17 95.4% 3 Mo Avg 96.0% 18 | c o l d w e l l b a n k e r h o m e s.c o m Market Action Report County: Pasco Pasco County June 2017 Agent Name Title Phone Website Other Community Information | School District Price Range: All | Properties: SFH - Con Days On Market for Sold Properties Market Time The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for June was 51, down 10.5% from 57 days last month and down 7.3% from 55 days in June of last year. The June 2017 DOM was at its lowest level compared with June of 2016 and 2015. 3 Mo Avg 100 90 80 70 70 55 60 51 50 40 30 20 10 0 J A S O N D J b2Bb2Bb@P`p6VƖr&6RW"7V&Rf@6VƖr&6RW"7V&Rf@FR6VƖr&6RW"7V&RfB2w&VBF6F"f"FPF&V7Fb&W'GfVW266RVF6W2&6R@fW&vR6W2&6R6&R7FVB'FRv֗rbv"pVB&W'FW2FR&WBFR6VƖr&6RW"7V&RfB2&R&ƗVBF6F"FRF&V7Fb&W'GfVW2FRVR#r6VƖr&6RW"7V&RfBbCrv2WPg&CR7BFBWrRg&bVRb7BV"SC3#scS2fpp`@2Bb2Bb2Bb@P`p6VƖr&6RfW'7W2Ɨ7Fr&6R&F6VƖr&6Rg2&vƗ7Fw2&6PFR6VƖr&6Rg2&vƗ7Fr&6R&WfV2FRfW&vPVBFB6VW'2&Rw&VVrF6RFvg&FV &vƗ7B&6RFRvW"FR&F2&VrRFR&R`'WW"w2&WBW7G2&FB"&fRRF6FW2&Pb6VW"w2&WBFRVR#r6VƖr&6Rg2&vƗ7@&6RbbRv2Wg&R2R7BFBWg&УRBRVRb7BV"2fpfr6VƖr&6RFfFVB'frƗ7Fr&6Rf"6B&W'FW2GW&rFRFrPbPRPBP2P"PPPPPrPbPRBP2P2Bb2Bb2Bb@P`pfVF'WrƗ7Fw26W0fVF'WrƗ7Fw26W0S""S22SBBSF27BfWrbFR&WB6&W2FǒfVF'`&W'FW2f"6RrvFWrƗ7Fw2B6W2FRw&6w2FR&62V6V6ƗGbFR&WB2vV2FP&VF6&WGvVVFW6RFV2FRV&W"bWrƗ7Fw0VR#rv2#rWBRg&#"7BFBW"Rg&CVRb7BV"S2Bb2Bb2Bb@P`p6&vB *6GvV&W"&W6FVF&VW7FFR6GvV&W"VFVB&VF'2&6R&vS&W'GGW34d6FF2&fFVB6W'FW7bw&VFW"f'BVFW&FR$TD%2$TD"766Fb'F6VG֖֒766Fb$TD%2גf&F&Vv2W2&V&&Bb$TD%2$TD%2766FbFR&V6W276R67B766Fb$TD%0FW2Bv'&B"wV&FVRFR67W&7bF2f&FB2FR&W76&ƗGb'WW""6VW"FfW&gBf&F&VWfBF7V667VW.( 2&VW7FFRG&67F2BrR"R"R22